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Warrior Trading // Ross Cameron // Day Trade Warrior
Before we continue...👀
💰Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
❗❗My results are not typical. We do not track the typical results of past or current customers. As a provider of trading tools and educational courses, we do not have access to the personal trading accounts or brokerage statements of our customers. As a result, we have no reason to believe our customers perform better or worse than traders as a whole.
❌Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/.
🍏 All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
✔️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ✏️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here 📝 https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info 🔎 Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class 💻 Register here: https://www.warriortrading.com/free-day-trading-class/
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior
What's up everyone? All right? Well here we are. second where they recap the winners and losers. They're always packed together and I've got myself on a little bit of a red streak here. so I was wearing red reminding myself to be careful I was green on the day and then started going red and had one really big loss your socks and then spent the rest of the morning trying to dig myself out of that loss I made back about $1,500 but then of course I burned a lot of commissions doing it.
Whatever, it is what it is. End of the month crazy market I'm just gonna be happy for Monday So looking forward to March New Month new me I'll see you guys March All right guys! So second red day recap back-to-back red days I would say over traded today I got myself my first trade was actually on one of my first race was on a H P I my first trade on it I lost 86 cents then I had a couple other trades I was down 300, then I was up about 500 at the best. Today at the goes up about $800 and my worst trade was a bottom bounce on a HPI and I spent basically the rest of the morning digging myself out I was down just about 5,000 and you know I dug myself out to down 1,500 and now I'm down 3600 and I'm throwing in the towel. So the bottom bounce that I tried to do on a HP I was actually coming out of a hall going down and it was right.
that goes right here. So this halted going down and I was like all right that's fine halting going down I'm gonna try to do a bottom bounce on him and so I bought and I think it was was right here and I bought like right around here. it bounced up for a second up to about thirty four dollars. It looked like it was gonna halt and then it flushed down and I stopped out on the drop a few minutes later, ended up doing a pretty nice bottom bounce and curling all the way back up to $45 I was just a little early on it and that that screwed me up a little bit.
but you know, again down $3,600 It's not the end of the world. it's been a great month, but these last two days have been so crazy. Today was honestly one of the most stressful days of trading that I've had I don't know, maybe in a year just because a couple things number one, he signal might the charts were loading terribly slow. so I type in a stock like H like ale alt and I'm waiting, waiting, waiting and of course I'm seeing a hit the scanners and I'm like come on I need my charts, what's going on, come on, come on I need my charts what's going on and I'm sitting here waiting, getting impatient, getting frustrated I'm seeing the level 2 it's going up now part of the chart loads.
I'm waiting for the rest of it to load and now I'm like, ok, well that one's out of play. It's no good now. I Want to switch back to a HP I Okay, that one loads a little faster now I want to switch to you know PR P o or whatever it is and I'm just getting so frustrated and I know I'm people were having issues with charts loading slowly today just because of how much volatility. there wasn't the market, but that's a problem because I need my charts and so I didn't have very good charts. That was frustrating apt. I did a red to green move on this one and I did make 1,800 bucks on it so that was nice. I took a break over for 39 50 right here. got a squeeze up to 41 59 really clean break out I Bi Oh A couple nice trades on this one.
sixteen hundred dollars of profit. My first entry on it was at 250 so break up 250 right there and we got that squeeze all the way up to a high of 340. But look at this. look at this this right here.
So I took this trade right here for the break over 280 I Bought I don't know. five thousand shares I added for the break of three I added it 325. It looked like it was gonna go into a halt. It hit a high of 347.
Now on this stock. I'm down $350 I was up on this three grand. Come in in this candle in one minute get dropped from 347 to a low of 230. It is not every day that you see a two and three dollar stock drop a dollar a share in one candle.
So just like that, all my profit was gone and I ended up being down $350 So I gave up three thousand dollars of profit on that trade right there. and that was kind of the moment of truth because that was I don't know I actually don't even remember if that was right before or right after my A HPI loss I guess it was right after, but in any case, it was right around the same time and I don't know. that was just a really disappointing disappointing drop and I traded too much stuff today I mean I just I jumped on kind of everything that was moving and I was having a really hard time jumping from level two to level two, going from chart to chart at one point I just felt like I felt so overwhelmed I felt I almost felt dizzy I was just like you know I'm I'm watching a HPI on this level - and where's my HPI chart? It's it was here. It's not there anymore.
Now it's over here. Now it's over there and I'm just jumping from chart to chart and getting you know all turned around and then oh my gosh, I'm holding this and now I'm down. 50 cents a share, 75 cents a share a dollar share. You know what's going on and it was just it was.
you know, crazy. Today was just all over the place. So disappointing that despite all this volatility, I wasn't able to find consistent profit in the last two days. I Don't know I Yesterday I hit my max loss in the first two minutes today.
Fortunately, I even though I had a big loss on a HPI it was offset by a couple of other winners, so that was. that was good. but boy, just a wild couple of days and you'd like to think with this level of volatility that it would be a little bit easier. But I'll tell you what the issue is.
The issue is that when you have 15 stocks or 20 stocks all at the same time making really big moves, there's no obvious stock and nobody can watch 15 stocks at the same time. How many stocks I'd trade today 2, 4, 6, 8, 10, 11 stocks and there were more stocks or moving, it's not feasible to focus on 15 stocks at once. and of course, even on a day where it would trade 5 stocks I Usually go one to the next to the next to the next, but today they were all moving at the same time. I only have three charts that I can watch and then the other issue and again I'm not trying to make excuses I didn't trade very well today. It's my own fault, but days like today are hard just simply because there's so much going on. So what? I noticed on like a HPI For instance, while the market so a HPI pre-market hit a high of 68 dollars and then dropped down. So now let's look just first a quick second at the SP 500 chart SP 500 s pre market chart. this is pre market starting here I'm kind of next to each other.
so pre-market starts. Put it like this: I'm like this: Okay, so pre-market starts and while the markets tanking a HPI is rippin' up and then the market bounces back up and a HP eye drops and then the market starts to drop back down and Ati goes back up and then it goes sideways for a minute and then right before the open the market starts to drop and a HPI goes up. So we're trading this this inverse kind of relationship. We're trading this inverse relationship which I find to be very difficult I Like trading stocks that have a reason to move when they're trading, when when the stock is going up.
like the you know when the when when these coronavirus stocks are going up because the market's dropping because there's fear in the market. So coronavirus is causing the fear then that's I don't like. that's why I don't usually trade tea VIX The VIX goes down when the market goes up, when the market goes up, the VIX goes down I don't like trading derivatives like that because their movement is based on the move into something else and it started to feel like the movement of these stocks was based on what was happening in the market. So at the bail the stocks dropped, the market popped up.
look this drops market pop up, then market drops, these pop up, then market comes back up and these come back down. That's not I don't want to be trading the Sp500 and you know I just thought that this was this just made it very difficult. So now of course the markets coming back up towards the highs and these are coming back down towards the love's now I when I took the bottom bounce I was a little early but I thought maybe the market and you know of course was rolling over and so this was the market was gonna be coming back down and that these would rip up and I was just a little my entry there so whatever. Just and generally speaking, how did I do on stocks priced over $40 or over 20? You know I'm green-green over 10 and then HPI these spreads just get really really bad and it took me out so those cancel each other out the ones within range I Don't know.
Just today was kind of a mess, so whatever. I'm just gonna leave it as what it is I should probably should just walked away soon or maybe not even traded today. but you know, days like this are good for experience, even for me just to practice going through those ups and downs. So it is what it is. Live to trade another day and we back at it first thing on Monday you month. So I'll finish this month. probably around $75,000 or 65,000 Somewhere around that it's been a good month. It's not the best month, but the good month so maybe Mark should be a little bit better.
Alright, that's it for me. Hope you guys have a great weekend! I'll see you on Monday Hey, it's me again. The most popular video on day training on YouTube was made by me. You can check it out below if you haven't already and as always, if you have questions, leave them in the comments I personally respond to every question that's posted on my channel.
I have this chart problem as well but with lightspeed. the market time does not reflect the actual chart time with lightspeed, which I observed is about 2 secs delayed. vs the level 2 and actual market time.
Hey Ross I have a dumb question ? If I like to borrow shares , meaning I’m love to short can I still join warrior trading ?
I've been in the WT Sim for 3 weeks. Friday, i was down $2400 and then i took a trade on that pop on APT and made $3100, for a green day of about $670 total…..finished the month 3 green days in a row averaging about $740/day. Pretty happy with that and feel like i'm making good decisions for the most part. March i'm having my sim acct balance reduced to only $1000 so i can see what it will be like to trade as if I'm just starting a real money account. Changing my Shift+1 hotkey to buy 90% of my BP. Is that how you started your $500 account challenge Ross? As long as I make A quality setup entries, should be good practice? Or should i focus on a hard share size amount, like 200 shares?
If a newer trader has 300 to 500 cash equity account, is it better off to trade versus using Margin on a 500 dollar account?
Aaah. A reversal! How exciting. All I trade are reversals. May I suggest you incorporate an oscillator or two. I would be blind without them while trading reversals. Also, eSignal was wacky for me today, as well and I'm trading from my usual home location.
Maybe I just havent seen it, but is there any way you could go over how taxes affect day trading, and how you calculate how much you need to make to be sure things like capital gains tax dont take to much money from you?
Although I feel you my man…. Shorted at the open to hedge my longs and watched a big loss acrue… Haha would have been better off not waking up to trade… Still holding my short ready to hedge long if we continue… Any advice for a good hedge long? Thinking Netflix.tesla or nvdia…. Although if apple recovers it will probably move fast
Holy cow
I followed $AHPI chart back days and i found based on chart history the stock could go up again…. gimme ur thought guys
Ross! is it out of your price range? why did you even tradeing it? however best of luck 🙂
I'd never trade thru Corona. Just risky
I can't wait for my cmeg acct to open up. Better leverage and no PDT means I'll be able to scale up much quicker. Missing some of these big movers due to not having a trade to use is killing my profits. Same with targets. I can't scale in and out or it could be multiple day trades in one trade. Severely limits me
i just started the Warrior trade room last Tuesday, and also the simulator to get experience! first week i sucked haha just getting used to Hot keys and all the signals how to trade basically! started good this week but also ended up trading massive hate trading and fucked up Monday and Tuesday! so first this Thursday and Friday two green days with and average of 200 some 20 dollars profit a day! and i feel what you are saying Ross! Cant wait for March month to begin hehehe its gonna be great 🙂
Super appreciate you being transparent about loss as well as gain. Thank you Ross.
I feel ur pain Ross. Think or swim was acting crazy too
IB ran all the time perfectly and smoothly
Man rough week Ross. I got shafted on intelsat yesterday, got in over a week ago at 4.30, added again at 4.91, got bulltrapped and went down to 3.30 yesterday, had to average down heavy to 3.95. So now I'm overweight here and hoping for a big move up But that's the life of a swing trader. Love it tho. 😂👊
Hey Ross. Rough last couple days of Feb. I on the other hand have been on fire. I’ve made $6K on the last 2 weeks. 2500 yesterday. On another note, we brought our Boy Scout troop to Mt Frissel today, and I’m sitting in GB waiting to eat at GB Eats. I saw the WT office around the corner while looking for parking. Would be cool to meet you if you’re in town today. Lol.
This was a tricky day for sure. All of the virus stocks took a big hit.There was room to make money but it was violent
Ross I have a question: I only want to take micro II pullbacks when we get litterly a new 1 min candle, I don't dare to take a pullback within the same 1min candle because I kinda consider them premature breakouts. is this justified? I see you take them a lot. Or do you think litterly having a new candle is not that necessary to be able to trust the micropullback?
I was jumping from chart to chart also..Too many stocks moving,,And TD was having problems.I finally got my sites set on IBIO….
Ross sometimes you just don't play the game at all. The market is being corrected. Almost 80% of traders and investors will lose money within the next few weeks
Note to everyone. When my microsoft updates it often screws up my trading platform. Sometimes it continuously kicks me off. SO, you might check your setting apps, and uninstall or clear un-need updates. I look for the latest date i started having problems, and delete apps that are not necessary & updates. I am not very good on Micro/soft internal settings, but since i figured this out, can solve the slow and frustrating days. It is my understanding ms edge conflicts with some financial programs. I have an older computer, may not be the same problem for those with latest computers. Good luck. It may not be your broker, it could be your updates. I have disabled all unnecessary apps.
Thank you for the update Teacher Ross! Boy my head was spinning too. In the SIM, I was just trying to keep up with was what popping on the scanner and jumping in and out. Needless to say, I was red on the day – but I am trying to just get use to finding my entries and exits (still working on these and learning of course). Hope to fare better in March! Thank you again and chin up Ross, you are a sterling teacher!! 🌠🌠
Made a good profit today. However and I’m sure others can identify with this, at market open I accidentally placed an order to buy 500 shares of a stock that was supposed to be sell 500 shares so consequently I got in two dollars higher than the stock was trading at. thankfully I hung with it for five minutes and it turned around and I made a decent little profit on it. Has anyone else experienced that type of mistake in the past? I’ve had it happen a couple maybe three times in the past number of years.
It just was one of those days . I feel you between TOS having issues and all the halts it was frustrating. I screwed up I took a trade in GNMK after the halt got in at $5.26 only to realize I used the wrong account which had no day trades left so im stuck in till Monday and its down in the $3.40s grrrr . But at least it was a very small position 25 shares I really need to pay attention when trading with 2 accounts. I would be curious on your thoughts on TOMZ it might not be in your wheel house but maybe you could give it a look.
Wow what a day, thanks for sharing your 27th recap I think it helps to shrug off the day. I too over traded (🤫) using the s&p overlayed on my tech charts for comparison (all day 1-1 relationship)
Rough week!b
Eventhough markets have been in a clear downtrend, it's not always easy to short. I was trading the Dow and Nasdaq indices and the algos were whipsawing the prices up and down. The key for me was to short the rallies rather than short below support levels b/c there was a lot of fake outs.
Slow loading chats are annoying. But Thinkorswim was even better: they sometimes just didnt display the last few candles…
Same here red streak 🙁
Ross. The world is crazy therefore we are crazy. Ockham razor
Closed March green $3,100! This is my 3ed consecutive green month and each one is bigger than the last. 🙂